Tag Archives: supply

Home Depot Co-Founder Bernie Marcus says 40-year high levels of inflation would come down if the Biden administration makes it easier for oil companies to drill in the country. “We have a president that just doesn’t believe in that [oil drilling],” Marcus said on a new episode of Yahoo Finance Presents. “We are sitting on tons of oil and gas, and he doesn’t allow us to drill. It’s basically stupid. I can’t come with another word. It’s stupid. And we will continue to suffer this inflation. And… Source link

The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) has signed a cooperative research and development agreement with Google to develop and produce chips that researchers can use to develop new nanotechnology and semiconductor devices. The chips will be manufactured by SkyWater Technology at its Bloomington, Minnesota, semiconductor foundry. Google will pay the initial cost of setting up production and will subsidize the first production run. NIST,… Source link

Yahoo’s vice-president of ad data products has issued a stark warning that 75% of digital ad inventory will be non-addressable by 2024 in the US. But what does this mean for CTV? According to Gio Gardelli: “It will now become a lot harder to track web conversions for campaigns.” Speaking at the IAB’s Audience Connect summit, Gio Gardelli called non-addressable supply “the big elephant in the room” and said, “we can’t ignore this any longer.” Current privacy regulations mean… Source link

Google has introduced a new vulnerability rewards program to pay researchers who find security flaws in its open-source software or in the building blocks that its software is built on. It’ll pay anywhere from $101 to $31,337 for information about bugs in projects like Angular, GoLang, and Fuchsia or for vulnerabilities in the third-party dependencies that are included in those projects’ codebases. While it’s important for Google to fix bugs in its own projects (and in the software… Source link

COVID-19 lockdowns in China threw a wrench into global supply chains earlier this year, causing shipping and production delays worldwide, and hindering economic growth. Now, the country is facing another major threat—and this one could be even worse for the economy. China has been coping with its worst heat wave in 60 years this month, with temperatures in several provinces routinely reaching 40°C (104°F). But one key province is experiencing the worst financial repercussions from the… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, July 1, 2022 Today’s newsletter is by Sam Ro, the author of TKer.co. Follow him on Twitter at @SamRo. On Thursday, we learned the Fed’s preferred inflation measure — core PCE — moderated in May, rising 4.7% over the prior moth and marking the third-straight month of moderating price pressures. And while investors will be closely… Source link

Novavax (NVAX) is awaiting the outcome of a June 7 meeting of the FDA’s vaccine advisory committee, which could finally bring its COVID-19 vaccine to the U.S. market. Chief Commercial Officer John Trizzino told Yahoo Finance in an exclusive interview Wednesday that the company is optimistic about the upcoming meeting. Novavax ran into manufacturing quality problems in early 2021 and experienced subsequent delays in its Phase 3 trial in the U.S., forcing the company to push back its timeline… Source link

(Bloomberg) — Deere & Co. slid the most in 14 years after the world’s largest manufacturer of agricultural equipment was the latest major US company bruised by supply chain snags and rising inflation. Most Read from Bloomberg Shares fell 14% Friday, erasing a record $15.7 billion in market capitalization after the company posted disappointing quarterly sales and said that supply chain challenges will persist through the end of the year. Ongoing chip shortages continue to prevent Deere from… Source link

(Bloomberg) — Cisco Systems Inc. spooked investors with a warning that Chinese lockdowns and other supply disruptions would wipe out sales growth in the current quarter, renewing broader concerns about tech spending in a shaky economy. Most Read from Bloomberg The outlook sent Cisco shares down as much as 19% in late trading and weighed on stocks of other networking companies, dealing a fresh blow to an already-battered sector. Even before Cisco’s latest plunge, its stock was down 24% this… Source link

Finnish electricity companies are refusing to sign electricity contracts with Russian search engine Yandex, which has a data centre near Helsinki, due to suspicions it may be distributing war propaganda. The data centre, which has been operational since 2015, is located in the town of Mäntsälä, some 50 kilometres north of Helsinki. It is the only one located in the west, as the others are situated in Russia.  Since 2015, its waste heat contributed to around 75% of the… Source link